“Since we’re an outsider I know a lot of people will be watching to see how we behave,” he told analysts Wednesday. “This is a core business for us.”

Scotts subsidiary Hawthorne Gardening Co. spent the money to acquire a 75 percent stake in Gavita, which has $100 million in annual sales. Gavita announced the deal in June but Scotts disclosed the purchase price Wednesday.

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My name is Brent and I am a MMPR patient. I write articles for Dankr.ca and help build connections with the Toronto cannabis community. I am also the Content Manager, so message me if you would like to work with Dankr.ca.